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Results for Family Name : "Giang" AND Given Name/Initial : "Thanh Long"
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Social protection for the older people in Vietnam: challenges and reform options
Item Type: Conference or Workshop Item
Author: 
Giang, Thanh Long and
Author: 
Editor: 
Year:  00/00/2012
Abstract:  This paper aims to argue that the Vietnamese population has been aging more quickly than expected, and as such policies toward an aging population, particularly delivery of social protection services for the aged, should be well-prepared from now in order to have older and wealthier population in the coming decades. The paper shows that the social protection schemes in Viet Nam, especially pensions and social allowances, have expanded and reached various groups of old-age persons and played an important role in reducing old-age poverty. Yet, there have remained a number of challenges that will substantially influence the current system in term of financial sustainability and generational equity. For the pension scheme, the paper argues that the current setting will not be financially stable and generational equity and as such it should be transformed toward a new setting. For the social allowances, a universal cash transfer program for older people would be influential and cost-saving in terms of poverty reduction.
 
 
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